Reporting snapshot · 6 November 2026 (Asia/Karachi). These are notified ex-depot prices for one day under a mechanism that can reprice fuel every morning, so the figures may change with the next publication. The rates are before district freight, and the government has not published a product-by-product breakdown of the refinery contribution behind them.
What changed on 6 November
Petrol will sell for Rs352.59 a litre and high-speed diesel for Rs382.25 from Friday, 6 November, after the federal government cut petrol by Rs9.41 a litre and diesel by Rs5.56. The Oil and Gas Regulatory Authority lists the 6 November price publication alongside the earlier daily notices, and The Express Tribune and Geo News reported the same notified rates.
The cut is larger than the previous day’s, when petrol fell Rs7.06 and diesel Rs3.71, The Express Tribune reported. Geo News put the previous rates at Rs362.00 for petrol and Rs387.81 for diesel. The Express Tribune reported that this is the fourth consecutive day of reductions and that petrol has fallen by Rs25.32 and diesel by Rs20.71 since Monday.
For a 50-litre petrol tank, Friday’s cut is worth Rs470.50 compared with the previous notification, and Rs1,266 compared with Monday’s price, based on the notified ex-depot rates. The equivalent figures for diesel are Rs278 and Rs1,035.50. District freight margins vary, so the amount a driver pays at a particular pump can differ from the ex-depot figure.
Why the government is cutting prices daily
The daily notifications are the visible part of a pricing system the government introduced on 17 July. It replaced weekly reviews with a mechanism intended to pass changes in import costs to consumers more quickly, The Express Tribune reported. Before that, petroleum prices had been revised fortnightly; the switch came as renewed tensions between the United States and Iran drove volatility in global oil markets and raised concerns about fuel supplies.
The system cuts both ways. A fall in international prices can reach Pakistani pumps the next morning, but so can a rebound. That is why the cumulative four-day decline is a more useful measure of the relief than any single notification: the same mechanism that produced the week’s cuts can reverse them if crude prices turn.
Part of the cost is being absorbed in the refinery chain rather than through a cut in the petroleum levy. On Monday the government announced that oil refineries would bear a burden of Rs15 billion a month, allowing petrol to be sold about Rs15 a litre below the international market price amid the US-Israeli war with Iran, The Express Tribune reported. Pakistan Today put the resulting reduction in the consumer price at Rs14.71 a litre. The two figures describe the same arrangement at different points in the calculation; neither side has published a refinery-by-refinery reconciliation.
Who is absorbing the cost
The cut is not a tax cut. Pakistan Today reported that the government continues to impose taxes and duties of Rs114 a litre on petrol and Rs100 a litre on diesel. At Friday’s notified prices, those charges are equivalent to about 32 per cent of the petrol price and 26 per cent of the diesel price, before any district freight is added.
The refinery contribution is the other buffer. Under the arrangement approved for 30 days, the gap between the import price of petrol and a lower ex-refinery price is to be surrendered into the petroleum levy account, with the benefit passed through to consumers. The government presents this as refiners absorbing about Rs15 billion a month; refinery executives have put their contribution much higher and warned that the formula forces below-cost sales and undermines the case for upgrading plants, as KhabarWire reported on 1 November.
That dispute matters beyond the current week. The petroleum levy is part of the fiscal framework agreed with the International Monetary Fund, and it raised Rs4.4 trillion over four years, as KhabarWire set out on 30 October. The refinery arrangement lets the government deliver relief without formally reducing the levy, but it also shifts the cost onto refinery margins and leaves the budget exposed if the arrangement ends.
What it means for households and transport
Petrol’s four-day fall is the most visible gain for motorists. Diesel matters more for the wider economy: it moves freight, farm machinery and standby generators, so a lower notified price can feed into transport and production costs before it reaches a shop shelf. The pass-through is rarely immediate, and the size of the effect depends on how much of the cut retailers and transporters choose to reflect in their own prices.
The targeted relief scheme runs alongside the notified rates. It offers Rs100 a litre off for motorcycles, rickshaws and cars up to 800cc, with monthly caps on the amount eligible for the discount. That scheme is separate from Friday’s cut and does not change the ex-depot price paid by dealers.
KhabarWire’s Pakistan Fuel & Energy file follows the daily notifications and the supply disruptions behind them, including the 3 November cut to Rs374.51 that began the current run.
What is still uncertain
The first question is whether the run survives the weekend. Prices are now set daily, and the next publication can reverse Friday’s cut if international crude rebounds. The war with Iran and the risk to shipping through the Strait of Hormuz remain the main sources of volatility, so a four-day decline is not a guarantee of cheaper fuel next week.
The second is the refinery arrangement. It is written to last 30 days, and neither the Petroleum Division nor OGRA has published what happens when that period ends, whether the contribution will be extended, reduced or folded into a wider levy review. The government and refiners also disagree about how large the contribution actually is.
The third is the arithmetic. OGRA’s publication lists the notified retail prices and the levy, but not a product-by-product breakdown of crude cost, freight, duty, dealer margin and the refinery surrender. Without that, the split between the market-driven part of Friday’s cut and the policy-driven part cannot be measured from the public record. Pakistan Today also reported that Jamaat-e-Islami and the government were scheduled to hold another round of talks on Thursday about possible relief in petroleum prices; the outcome was not immediately reported. That track, like the daily price notices, leaves the durability of the present relief open.
